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<br /> � � 'a SPACE ASOYE TH18 UNE IS POR REOOROER'S IISE ONLY , . .•;'�, �..�:
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<br /> ._ . � �' DE�D A� YF1U�T . , :";:Y�:
<br /> 4 1111S OEED OF TRUST IS A CONSTRUC710N SECURIN AGREEMENT �. :' � '�--.-
<br /> . .: :��:_
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<br /> lMTHiM THE MEANING OF YHE NEBRASKA CONSTRUCTIOI�LIEM ACT ' ,i�`:`:
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<br /> � � TH{S O�ED OF TRUST IS DATED flAARCH 11,1898,among BYCO lnc.,a Hebeaslte�Corporatton,whose addpess . � ,;,� �.:
<br /> .�� � ts P 0 Box t693, Grand tsiand�NE 68802-1693(rotermed to below as"Trusto�"};Comerstone 8anfr, Natlonat � � ,g�
<br /> Associatton, w hose eddress ta SZ9 Ltncotn Avenua, P.O. Box 69, York, NE 68487 (roTerred to below :,�:;,,.
<br /> s�meNmea as "Lender" and sometimes as "Beneftdary"); and CCRNERSTONE BANK, NATIONAL . • '_;,T
<br /> - ASSOCIATION, wt�ose address Is 528 UNCOW AVENUE YOAK, NEBRASKA 68487 (reterred to beto�v as :• � -
<br /> 'Trustee"�. .
<br /> ,� COlrVEYANCE AND GAA�V7 For vatuabte wnstdoratton,Tnu►tor conveys 4o Tmstea in truat WRH POYYER OF SALE,for tha beisattt at ' , � ,
<br /> � Lcndnr as BcneRclary,etl ot Trustora dght,Utle, and iMeresl in and to the toUowtng described reel properry, together w(th a0 existlng or
<br /> :'t� , � subsequemy erected or aflhced buitdings,Improvemenb and flxtures;aU easemerns,dgh�o!way,and apPurtenanc�;all waLer,water dghts and ' •, : .
<br /> ditch dghts pnctuding stack in u�IiUe9 with dftch or irtig�ton righis);and all other rights,roqalUes and profim retaUng to the real properry,in�uding
<br /> w(thout Itmnauon all minarals,011,gas, Secthertna!and simtta►matters. (oCBtef! lo tiall �AUftly, St0t0 O} Meb�A8ka (tft8 Re81 . ' . _
<br /> , . ,. � A ' �
<br /> Proper�'}:
<br /> : . - ;; Lot Twa(a), R& R Subdivlsion,In the Ctty of Gran6{sland,Hali County,Nebrastia � .' �
<br /> ,-��.; i. The Re�l Property or It�address is commonty known�s 1222 South Lrocust Street,Grand Istand,NE 68801. �. . �
<br /> • ' Trustor presently asetgne to Lander(a�so knovm as BenetlGary 1n this Deed ot Trusf)all of Trustor's rlght,fhfe,end interest in and w till present and . .
<br /> � tuture leases of ihe Property and all Rerrts from the Properry. In additlan,Trustor grants Lender a Unitortn Commerdal Code securlry interest in the
<br /> Rents and the Personal PrapeRy deBned betow.
<br /> jOEFINfTlONS. Tha tol;owing vrords shd!have the toliowJng meaNngs whan useG�n this Deed o1 Trust Term9 not othervvise de8ned in this Deed of
<br /> i Trust shaU have the meantngs attrlbutad to suCA terms in the Untbrtn Cortonerdal Code. All reTetenoes to dottar amourits sha11 maan amourrts in
<br /> � taw(ui money o1 the United States of Rmedca. •
<br /> '�t � Boaoflciary. The word'Beneflciary'means Comerstone Benk.Nationei Associatlon,tts sucoessors and assigns. Comerstone Bank,Nallona!
<br /> AssoclaUon eiso Is reterted ta�'LendeY'in this Oeed ot Trust.
<br /> i Oocsd of TruaL Tho worQs"Oeed ot Trusi"mean thls RaeC ot Trust emong Trustor,Lender,and Trustee,and indudes wrihoui tlmitatlon a8 . •
<br /> � � � assignment and securlty Interest provisions re�aUng to the Personel Propstly and Rerrta. , • �
<br /> • � (ivararttar. 7he word"GuatantoY'means and InGudes wtthout Ilmitatlon any end etl guararrtors,sureUes,and accomrtadatlon pertles in � . ,
<br /> connecUOn with the Indebtedness.
<br /> � . � Ifnprouomonts. The vrord"Improvements'means end inGudes withoul Ilmltallon all existing end tuture improvemetrt9,buildings,aVUCtures,
<br /> mobile homes ettixed on the Real Properry.faciliUes,addiUons,reptucements and oiher construcUon on the Reel Property.
<br /> � Indcbtcdness. Tho word"Inde6tedness�'means all princlpal and interest payable under the Note and any amounts expendad or advanced by �
<br /> • lander to Cischarge obilga�ons of 7rustor or expenses mcurted by Trusteo or Lender to entorce ohllgaUOns o1 Ttuuwr under ttus Daed ot Tnis1.
<br /> �1 together with interest on such amaunis as provlded In this Deed ot Trust. In addiUon to the Note,the word"indel�tedness"InGudos all
<br /> • obllgaL'ons,debts and Aabil"Nes.plus interest thereon,of Trustor to Lender,or nny ono or more of them,as weU as ali ctauro by Lsnder egalnst
<br /> Trustor,or any one or more ot them.whethsr now exlsUng or hereafter arlstng,whether retated or unrelated to the purpose o1 the Nate,wf�ether
<br /> votuntary or ottrarvess.whether due or not due,ab�olute or oonUngertt.Uquidated or unliquidsted and whether Trustor may be Iiabie tndiWduslly f .
<br /> • � or joimly vmh others,whether obligeted es guararrtor or othernise,and whflther r000very upon such Indebtedness may be or hereafter may I
<br /> , becor.�s hs►red by any sratu�e ot umitanons.and whether such Indebtodness may be or hereafter may become othenMse unentorcesble. This ; _
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